YES Bank reported net profit of ₹801 crore in Q1 FY26, a 59.4% year-on-year surge and the highest since its 2020 reconstruction. The jump was anchored in strong treasury gains that lifted other income by 46.1% to ₹1,752 crore, while core lending income (net interest income) grew more modestly at 5.7% to ₹2,372 crore.
Net interest margin expanded 10 basis points to 2.5%, signalling improved pricing discipline across the loan portfolio. Fee income also rose 3%, a modest but steady contributor to overall profitability.
Asset quality remained stable: gross non-performing assets stood at 1.6%, with net NPAs at just 0.3%. Provision coverage of 80.2% demonstrates the bank's cushion against future credit stress. Advances and deposits each grew around 5% and 4.1% year-on-year respectively.
The bank's current account and savings account (CASA) ratio jumped to 32.8%, a favourable shift that lowers funding costs and improves deposit stickiness. This metric is critical for DSAs and loan distributors who depend on partner banks' liquidity and pricing power.
